NASBA may extend our conditional credits on a case-by-case basis (thoughts??)

  • Creator
    Topic
  • #1567411
    Christina Gong
    Participant

    Hi All,

    I came across this statement from NASBA’s website that says those who are impacted by the 12-week delay in score release from Q2 are may be unable to re-take a failed portion in Q3 because of this delay MAY receive an extension of conditional credits on passed sections.

    “NASBA’s National Candidate Database is designed to prohibit expiration of conditional credits until advisory scores are received if candidates take the Examination prior to the date of their score expiration. In June and July, NASBA will notify state boards of all candidates who tested Q2 2017 with existing conditional credit and who are impacted by the score hold. The state boards will consider extending a candidate’s conditional credit. Extensions of credit are handled on an individual case-by-case basis. ”

    https://www.aicpa.org/BecomeACPA/CPAExam/PsychometricsandScoring/ScoringInformation/Pages/FAQ2011ScoreRelease.aspx

    I took FAR on 5/30/17 (this is my last section I need) and am waiting for my score release on 8/22/17. If I don’t pass, I’d ideally like to schedule a retake between 8/22 – 9/10 but I worry that there won’t be an availability at Prometric to schedule so last minute. My REG exam expires on 10/5, so technically if I re-took FAR on 10/4 (has to be the day BEFORE an exam expires), I could still receive credit for all my preexisting sections. Then again I would have to wait for the Q4 score release on 12/22 which would also be painful. Does anyone else have thoughts on this issue? Do you think it’s true that each state board would consider candidates on a case-by-case basis and consider extending credit for already passed sections?

    – Christina

Viewing 5 replies - 1 through 5 (of 5 total)
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    Replies
  • #1567435
    Paydirt123
    Participant

    Christine- I'm 100% positive this process Could be handled more expediently, for reasons good & bad, known & unknown, the grading calculation for this exam isn't 100% disclosed (wish I could just run it through the scantron after the test and find out there)
    From reading your explanation, you have it covered. Yeah, it sucks, but imagine if it was expiring during summer!
    My personal experience, NASBA provides me an NTS within 5 business days of application, but you probably want to look that up for your particular timeframe, I don't know.
    I'm in MA, our state board is giving candidates the said 3 month extension. Yeah, wish they had done this from the beginning, but seems like a no-brainer

    #1567671
    Cruzer
    Participant

    What about if one of your credit expires in Q2?

    #1572763
    RockLobster
    Participant

    You have it exactly right Christina. You should email your state board and ask them if they extend credits or are willing to do so. Some states have come forward and announced they will be extending all impacted candidates' credits, while others have said that “at this time” they are not doing so. Check with your state, because NASBA has left this entirely up to each individual state board.

    #1572784
    Christina Gong
    Participant

    @Paydirt123 That is nice that MA is giving candidates a 3 month extension and have already let them know, here in CA I believe the issue is still up in the air, although I did just email the Board of Accountancy and will wait to see if they have a conclusion. From the time I create an application online and mail in my check (they don't accept online payments, so the process is so slow and outdated) it takes all the way from 2 weeks-1 month to get a NTS. I wish the process was faster, and I can't really depend on it being timely. I will probably just reapply for another application in the meantime and pay the fee without knowing if I have passed FAR yet.

    #1573032
    Christina Gong
    Participant

    I just heard back from the CA Board and they said “You can always submit a new application and $50 fee, if you fail the section you will be able to reselect that section again. If you happen to pass that last section the CBA will refund the $50 application fee.”

    At least that is of some comfort, you can have your $50 app fee refunded if you end up passing. They are not extending the credit window for already passed sections however.

Viewing 5 replies - 1 through 5 (of 5 total)
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